Wipro announced the appointment of former Capgemini COO Thierry Delaporte as the chief executive officer and managing director of the company.
Thierry Delaporte, who was the chief operating officer of Capgemini earlier, will replace Wipro CEO Abidali Neemuchwala. Wipro said Abidali Neemuchwala will relinquish his CEO position as on June 1. Abidali Neemuchwala joined Wipro in April 2015 as the president and chief operating officer, after having served at larger rival Tata Consultancy Services (TCS).
Wipro said chairman Rishad Premji will oversee the day-to-day operations of the company until July 5.
Thierry Delaporte will be based in Paris, reporting to Wipro chairman Rishad Premji.
Until recently, Thierry Delaporte was the COO of Capgemini Group and a member of its Group Executive Board. During his 25-year career with Capgemini, he held leadership roles including that of chief executive officer of the Global Financial Services Strategic Business Unit, and head of all global service lines.
Thierry Delaporte oversaw Capgemini’s India operations, and led the group’s transformation agenda, conceptualizing and driving several strategic programs across various business units.
“Thierry Delaporte has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing technological disruption,” Rishad Premji, chairman of Wipro said.
Wipro has posted 6.3 percent drop in net profit for the fourth quarter to Rs 2,303 crore. The IT major’s gross revenues increased 4.7 percent to Rs 15,310 crore. The IT services segment revenue came in at $2.07 billion, a decrease of 1 percent quarter-on-quarter. The IT services’ operating margin for the quarter fell 0.8 percent to 17.6 percent.